Category: faces
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Spooked U.S. stock market faces tech earnings minefield, Fed meeting By Reuters
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By David Randall NEW YORK (Reuters) – Nervous investors are bracing for earnings from the market’s biggest technology companies, a Federal Reserve policy meeting and closely watched employment data in a week that could determine the immediate path for U.S. stocks after a bout of intense turmoil. A months-long rally…
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XRP Price Faces a Dip, Yet Uptrend Support Holds Firm
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Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
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European Commission President Ursula von der Leyen faces vote on her bid for second 5-year term
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Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Mike Corder and Jean-Francois Badia Published on July 18, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content STRASBOURG, France (AFP) – Ursula…
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Biden faces more calls to step aside By Investing.com
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A growing number of Democratic lawmakers are urging President Joe Biden to drop out of the 2024 presidential race because they believe a younger candidate may be better suited to take on the challenges ahead. Calls for Biden to withdraw have grown since Biden’s solo press conference after the NATO…
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Labour faces legal quandary over proposed North Sea licence ban
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The Labour government faces a major legal challenge over its commitment to an immediate ban on new oil and gas exploration licences in the North Sea amid an ongoing licensing round. After Labour secured power with a decisive election victory last week, its promise to halt new exploration licences in…
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Europe faces a summer of diaper and tampon shortages as new EU deforestation laws threaten to disrupt the $3.5 billion industry
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U.S. papermakers have warned the European Union that a new law requiring them to trace wood to its origins threatens to disrupt $3.5 billion in trade and raise prices for diapers, sanitary pads and other hygiene products. It would be impossible to comply with the suspension. EU Deforestation Regulation Because…
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Dragons’ Den star Peter Jones’ camera chain Jessops faces closure over unpaid taxes
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Jessops, the 89-year-old camera retailer owned by Dragons’ Den star Peter Jones, is on the verge of closure after HMRC issued a winding-up petition for the company over non-payment of taxes. The development marks a critical turning point for the struggling retailer, which has entered administration three times in the…
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Ethereum Faces Sharp Decline As ETH Targets $3,051 Support Level
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Ethereum (ETH) is experiencing a significant decline as its price is rapidly approaching the crucial support level at $3,051. This sharp decline highlights the increasing selling pressure and growing bearish sentiment in the market. As Ethereum approaches this critical threshold, traders are closely watching its behavior for signs that it…
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Ethereum Faces Sharp Decline As ETH Targets $3,051 Support Level
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Ethereum (ETH) is experiencing a significant decline as its price is rapidly approaching the crucial support level at $3,051. This sharp decline highlights the increasing selling pressure and growing bearish sentiment in the market. As Ethereum approaches this critical threshold, traders are closely watching its behavior for signs that it…
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TON Ecosystem Faces Phishing Surge Amidst 4,500% Increase in TVL
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Amid increased network activity and the rising price of its native token, TON, the open network ecosystem is seeing a rise in phishing attacks. Unassuming users’ TON wallets are lured through airdrops and other deceptive methods by attackers. Telegram users with unknown numbers are at risk Yu Xian — founder…
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Crypto Faces Turbulence As Nvidia’s Meteoric Rise Comes To A Halt
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Credit: Yahoo The cryptocurrency market has been navigating choppy waters in recent weeks, with the tech sector’s woes spilling over into the digital asset space. At the heart of this turmoil is the sharp decline in the value of the dollar. Nvidia companya technology giant that has long been the…
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Crypto Faces Turbulence As Nvidia’s Meteoric Rise Comes To A Halt
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Credit: Yahoo The cryptocurrency market has been navigating choppy waters in recent weeks, with the tech sector’s woes spilling over into the digital asset space. At the heart of this turmoil is the sharp decline in the value of the dollar. Nvidia companya technology giant that has long been the…
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Emma Bridgewater’s Pottery Empire Faces £1.4m Loss Amid Rising Costs
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Iconic British pottery designer Emma Bridgewater has announced a loss of nearly £1.4 million for her homewares brand, due to deep discounts and increased online competition. This contraction follows a £1.1m profit the previous year. The Stoke-on-Trent-based company, which Bridgewater founded herself, saw a 9% rise in sales to £36.2m…
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Uber Faces £1 Billion VAT Showdown with HMRC
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Uber, the ride-hailing and food delivery giant, is bracing for a major tax dispute with HM Revenue & Customs (HMRC) over £1bn VAT payments. Since March 2022, Uber has been required to pay 20 per cent VAT on its fares and delivery sales, resulting in a total charge of £951…
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XRP Faces Extended Bearish Pressure At $0.4937 Amid Market Weakness
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My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…
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XRP Faces Extended Bearish Pressure At $0.4937 Amid Market Weakness
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My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…
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Dogecoin Faces Downside Risk To $0.072 As Analyst Cites A Descending Triangle Formation
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Popular cryptocurrency analyst and trader, Crypto Daily Trade Signals, issued a statement warning To the Dogecoin community about the potential downside risks of the popular meme-inspired crypto asset as it faces a bearish technical pattern amid broader negative sentiment in the digital asset market recently. Dogecoin is forming a bearish…
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OKX Faces Advanced SIM Swap Attacks, Losing Millions In Funds
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Credit: Cryptocells The cryptocurrency industry has seen an alarming rise in security breaches and theft incidents, as hackers continually innovate more sophisticated methods to exploit vulnerabilities and steal users’ digital assets. The latest victim in this ongoing battle is popular cryptocurrency exchange OKX, which fell prey to a series of…
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Margin Expansion of IT Cos. in FY25 Faces Significant Hurdles By Investing.com
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The latest Jefferies report casts doubt on the expected expansion in EBIT margins for IT companies in FY25. The consensus forecast is for an increase of 80 basis points year-on-year, to 20.3% for the sector. However, while there is optimism for a significant improvement of 380 basis points (240 basis…
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Rachel Reeves Faces Pressure to Raise Capital Gains Tax to Fund Public Services
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Rachel Reeves, Labour’s shadow chancellor, is under mounting pressure from colleagues to consider increasing capital gains tax (CGT) as part of an ambitious Autumn Budget designed to fund public services. With income tax, National Insurance and VAT increasing, Reeves is exploring alternative measures to raise revenue. Business insiders reveal that…